By SAMUEL ARBESMAN and STEVEN STROGATZ (via Eddy Elfenbein ): The real surprise is when the record was set. Our analysis reveals that 1941 was one of the least likely seasons for such an epic streak to occur. Figure 2 shows the number of times, out of 10,000 simulations, that the longest streak occurred in a particular year. The likeliest time for the longest streak to have occurred was in the 19th century, back in the misty beginnings of baseball. Or maybe in the 1920s or ’30s. But not in 1941, or afterward. That season was the miracle year in only 19 of our alternate major-league histories. By comparison, in 1,290 of our baseball universes, or more than a tenth, the record was set in a single year: 1894. And Joe DiMaggio is nowhere near the likeliest player to hold the record for longest hitting streak in baseball history. He is No. 56 on the list. (Fifty-six? Cue “The Twilight Zone” music.) Two old-timers, Hugh Duffy and Willie Keeler, are the most proba...
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Joke of the dayFrom: caveatbettor.blogspot.com
Post Date: 2008-03-04 11:56:00
courtesy of Arnold Kling : One Cuban young woman complains to another. "He lied to me! He told me that he was a luggage handler! It turns out, he’s nothing but a neurosurgeon!" Luggage handlers working the tourist hotels [in Cuba] often make more in one day than medical doctors receive in a month. ...
more NAFTA fearmongers, meet Thomas SowellFrom: caveatbettor.blogspot.com
Post Date: 2008-03-04 10:29:00
who instructs : Senator Obama says that he is for free trade, provided it is "fair trade." That is election year rhetoric at its cleverest. Since "fair" is one of those words that can mean virtually anything to anybody, what this amounts to is that politicians can pile on whatever restrictions they want, in the name of fairness, and still claim to be for "free trade." Clever. We will all have to pay a cost for political restrictions and political cleverness, since there is no free lunch. In ...
more Bubble watchFrom: caveatbettor.blogspot.com
Post Date: 2008-03-04 10:09:00
over at Felix Salmon’s . Very neat! In case you haven’t been following, here is where bubbles come from ....
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